I did a quick back of envelope calculation and worked out around 50% margin of safety is still intact.
Ken - GPT's own presentation, not 2 days old has NTA @ $1.37 - assuming 1:1 issue, +50bp interest and BNB JV = 0.
Thats not far from your calcs - but what is A LONG way from your calcs is the debt% - they have 29% flat gearing and about 37% look through.
How does that reconcile with your 49.5% ? If they doing all this for 49% gearing its utter crap given that if its that close - then theortically they just breached their covenant again with the AUD hitting 0.60 odd vs US .... eesh.
- Forums
- ASX - By Stock
- GPT
- what is going to be worth
what is going to be worth , page-2
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GPT (ASX) to my watchlist
|
|||||
Last
$4.10 |
Change
0.005(0.12%) |
Mkt cap ! $7.853B |
Open | High | Low | Value | Volume |
$4.08 | $4.11 | $4.06 | $3.332M | 814.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 47137 | $4.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.10 | 61245 | 36 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
46 | 121636 | 4.100 |
19 | 61028 | 4.090 |
18 | 74013 | 4.080 |
16 | 59353 | 4.070 |
12 | 64108 | 4.060 |
Price($) | Vol. | No. |
---|---|---|
4.110 | 110859 | 44 |
4.120 | 38098 | 19 |
4.130 | 61647 | 19 |
4.140 | 45256 | 11 |
4.150 | 71889 | 12 |
Last trade - 11.35am 10/07/2024 (20 minute delay) ? |
Featured News
GPT (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online